J.M. Smucker (NYSE:SJM)

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Coffee Rises, but Starbucks Hedges

When Starbucks Corp. (NASDAQ: SBUX) last raised its coffee prices in late June, coffee was selling in the commodity markets at around $1.76 a pound, after peaking at around $2.12 ...
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Keurig Green Mountain Boosts Coffee Prices

Coffee machine maker Keurig Green Mountain Inc. (NASDAQ: GMCR) announced on Thursday that it is raising prices by as much as 9% on all its single-portion packs and other coffee ...
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Prices Rising for Starbucks Coffee

In March Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz said that the company had no plans to raise its prices. This morning the company announced that a grande or venti ...
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Kraft Raises Price of Maxwell House by 10%

As the price of arabica coffee rises, more and more coffee makers are raising their prices, too. Kraft Foods Group Inc. (NASDAQ: KRFT) has increased the price of its famous ...
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Folgers, Dunkin’ Brand Coffee Prices Rise 9%

After hitting a peak of around $2.15 a pound in mid-April, coffee prices have moderated somewhat to around $1.70 a pound for arabica beans. So why did J.M. Smucker Co. ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Chevron, Exxon, Merck, Tesla, Disney, Yelp and More

Stocks are mixed on Thursday after a Yellen-inspired low interest rate environment promise, but investors remain wary. They want gains from the stock market, but they want to avoid the ...
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coffee

Rising Coffee Prices Threaten Profits

Since the end of January, coffee futures have jumped from around $1.20 a pound to trade near $2.16 a pound on Wednesday for July futures. Coffee prices have not been ...
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Coffee spilled

Why You Should Expect Higher Coffee Prices Ahead

The futures price of coffee has basically doubled since early November, leaving one to ask how long can, say, Starbucks Corp. (NASDAQ: SBUX) go on until it has to boost ...
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ConAgra Earnings Highlight Food Industry Struggles

ConAgra Foods Inc. (NYSE: CAG) reported first-quarter fiscal 2014 results before markets opened this morning. The food processor and packager posted quarterly adjusted diluted earnings per share (EPS) of $0.37 on ...
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Will Green Mountain Get Roasted?

Investors either did not believe that sales at Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) would be hammered by new entrants into the single-cup coffee sector or they bought the ...
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Closing Bell for Thursday on Wall Street: Markets Post Gains Following Lower Open

U.S. equity markets opened slightly lower this morning, even though the report on new U.S. claims for unemployment benefits came in a bit lower than expected. The drag on stock ...
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Smucker’s Company Earnings Reflect Price Cuts

The J.M. Smucker Co. (NYSE: SJM) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The food processor reported quarterly adjusted diluted earnings per share (EPS) of ...
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Closing Bell for Wednesday on Wall Street: Markets Open Lower, Slide Further on Data

U.S. equity markets opened lower this morning following smaller-than-expected gain in ADP’s employment report. Other data out before the opening bell also weighed on stocks, including a drop new mortgage ...
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Deutsche Bank Defensive Food Stocks to Buy: Dean Foods, Pepsi and More

The research team at Deutsche Bank A.G (NYSE: DB), recently put out an in-depth piece on the food industry as a defensive place to put money and keep earning dividends. ...
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24/7 Wall St. Closing Bell — February 15, 2013: Markets Continue to Limp Along (CSCO, GOLD, RIG, KGC, JCP, CBS, GG, AEP, BKW, CPB, SJM, TOWR, CRMT, ESRX, NI, WIN, XOOM, TRLA, END)

U.S. equity markets opened slightly higher this morning on better economic news out of Europe and basically good data in the U.S. In Europe, the eurozone trade balance came in ...
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